Securities Credit Derivatives

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  • Bank of New York Mellon Corp and units of Deutsche Bank AG, Wells Fargo& Co and HSBC Holdings Plc were named in the lawsuits filed on Wednesday and Thursday in Manhattan federal court. BNY Mellon was the trustee for over $1 billion in mortgage-backed securities bought by Commerzbank and $1.3 billion of investments tied to a collateralized debt obligation,...

  • Bank of New York Mellon Corp and units of Deutsche Bank AG, Wells Fargo& Co and HSBC Holdings Plc were named in the lawsuits filed on Wednesday in Manhattan federal court. BNY Mellon was the trustee for over $1 billion in mortgage-backed securities bought by Commerzbank and $1.3 billion of investments tied to a collateralized debt obligation, Millstone II CDO,...

  • WASHINGTON, Dec 16- The U.S. derivatives regulator on Wednesday approved a final rule for safety margins on uncleared swaps, part of its efforts to drive down excessive risk-taking in the $710 trillion global market. In a 2-1 vote, the Commodity Futures Trading Commission endorsed the rule for those swaps that are traded outside of clearing houses.

  • JGBs little changed, no volatility expected from Fed Thursday, 10 Dec 2015 | 12:31 AM ET

    TOKYO, Dec 10- Japanese government bond prices were little change on Thursday, as investors hesitated to chase the market higher beyond current levels for now. The benchmark 10- year JGB futures were down 0.02 point at 148.61. The yield on the benchmark 10- year cash bond yield rose 0.5 basis point to 0.310 percent.

  • TOKYO, Dec 2- Japanese government bond prices were mostly flat on Wednesday as initial buying following soft U.S. manufacturing data lost steam, with many investors unwilling to chase the market higher near record levels. Ten-year JGB futures ended flat at 148.56. They had risen earlier to 148.66, near a record high of 148.67 touched in January.

  • Record negative spreads roil U.S. swaps market Friday, 6 Nov 2015 | 5:08 PM ET

    NEW YORK, Nov 6- A dip in U.S. interest rate swaps that led to negative spreads in recent weeks has raised concerns that other parts of the bond market could be disrupted and raise borrowing costs for the U.S. government. "It resembled a mini-flash crash, the sort of thing that bristles the hairs upon policy-makers' necks," said David Keeble, head of U.S. rates strategies...

  • Oct 16- JPMorgan Chase& Co, Morgan Stanley and Barclays Plc will pay over half of a more than $1.86 billion settlement resolving investor claims they conspired to fix prices and limit competition in the market for credit default swaps, according to a court filing. The defendants in the case include Bank of America Corp, BNP Paribas SA, Citigroup Inc, Credit 0 Suisse...

  • JGBs little changed, traders look to Kuroda Friday, 16 Oct 2015 | 1:27 AM ET

    TOKYO, Oct 16- Japanese government bond prices were little changed on Friday, with market players looking to Bank of Japan Governor Haruhiko Kuroda's comments later in the day for clues on whether the central bank will ease monetary policy later this month. The yield on the current 10- year JGBs stood flat at 0.315 percent while the price of 10- year JGB futures...

  • JGBs little changed, 5-yr bond auction smooth Wednesday, 14 Oct 2015 | 12:26 AM ET

    TOKYO, Oct 14- Japanese government bond prices were little changed on Wednesday, with an auction of 2.5 trillion yen five-year JGBs attracting decent demand as expected. The 10- year JGB yield stood flat at 0.315 percent while the 10- year JGB futures prices ticked up 0.04 point to 148.36. While the market was supported by the Bank of Japan's massive bond buying...

  • Oct 1- JPMorgan Chase& Co is set to pay almost a third of a $1.86 billion settlement to resolve claims that a dozen big banks conspired to limit competition in the credit-default swaps market, Bloomberg reported. Morgan Stanley, Barclays Plc and Goldman Sachs Group Inc are paying about $230 million, $175 million and $164 million, respectively, the report said.

  • TOKYO, Sept 28- Japanese government bond prices slipped on Monday after the Bank of Japan's bond buying operation showed strong selling interest ahead of a 10- year JGB auction later in the week. The 10- year JGB futures price fell as much as 0.26 point to 148.08 following surprisingly weak results of the BOJ's 400 billion yen buying of bonds with five to 10 years...

  • TOKYO, Sept 15- Japanese government bond futures price dropped to two-week lows on Tuesday after the Bank of Japan refrained from taking additional easing steps. While the outcome was widely expected, a very small number of market players had been bracing for a surprise easing given weak economic data over recent weeks. There has been some speculation that the...

  • JGBs tick down after BOJ skips bond-buying operation Monday, 14 Sep 2015 | 2:43 AM ET

    TOKYO, Sept 14- Japanese government bond prices dipped on Monday after the Bank of Japan skipped its bond-buying operation despite market expectations of the central bank's buying. The 10- year Japanese government bond futures dropped 0.09 point in price to 148.03 while the yield on the cash 10- year JGB rose 1.5 basis points to 0.360 percent.

  • NEW YORK, Sept 11- Twelve major banks have reached a $1.865 billion settlement to resolve investor claims that they conspired to fix prices and limit competition in the market for credit default swaps, a lawyer for the investors said on Friday. The defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche...

  • Look at Apple derivative plays: Analyst Wednesday, 9 Sep 2015 | 3:30 AM ET
    Look at Apple derivative plays: Analyst

    Neil Campling, global TMT analyst at Aviate Global, says the best way to play on Apple is to look at related stocks.

  • NEW YORK, Sept 8- Goldman Sachs Group Inc on Tuesday won the dismissal of a class-action lawsuit accusing it of defrauding investors in subprime mortgage offerings that some U.S. senators faulted after investigating causes of the 2008 financial crisis. District Judge Victor Marrero in Manhattan, who had certified a class action in January 2014, said investors...

  • TOKYO, Sept 7- Japanese government bond prices were little changed on Monday, after U.S. payrolls data did not provide clarity on when the U.S. Federal Reserve will raise rates. The benchmark September 10- year JGB futures price rose 0.01 point to 148.17, moving in a 0.07- point range.

  • JGBs little changed, shielded from market turmoil Monday, 24 Aug 2015 | 2:29 AM ET

    TOKYO, Aug 24- Japanese government bond prices were little changed on Monday, as few investors were eager to chase their yields even lower from current near four-month lows despite a sell-off in risk assets around the world. The yield on the benchmark 10- year JGBs stood flat at 0.350 percent while the 10- year JGB futures prices were just up 0.03 point at 148.09.

  • TOKYO, Aug 20- Japanese government bond prices rose on Thursday, with debt futures hitting a four-month high, supported by a surge in U.S. On top of external factors, expectations over the Bank of Japan continuing its extensive quantitative easing policy for the foreseeable future also supported debt. U.S. crude oil slumped over 4 percent on Wednesday to hit a 6-1/...

  • TOKYO, Aug 17- Japanese government bond prices sagged on Monday as traders positioned for a 20- year bond auction and as stocks edged up after Japan's gross domestic product data was not as bad as expected. The 10- year Japanese Government Bond futures price fell 0.12 point to 147.72 though trading was extremely slow with only 15,681 lots transacted, more than 40...